Call reports 2008
UNION STATE BANK — 2008
What UNION STATE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 52,033,000 | 53,830,000 | 56,899,000 | 55,227,000 |
| Total loans | 30,833,000 | 32,802,000 | 34,762,000 | 34,614,000 |
| Allowance for loan losses | 373,000 | 379,000 | 403,000 | 428,000 |
| Securities available for sale | 14,448,000 | 13,849,000 | 12,762,000 | 11,229,000 |
| Securities held to maturity | 335,000 | 328,000 | 322,000 | 318,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,356,000 | 46,387,000 | 49,250,000 | 47,305,000 |
| Interest-bearing deposits | 35,935,000 | 37,570,000 | 41,225,000 | 36,546,000 |
| Noninterest-bearing deposits | 8,421,000 | 8,817,000 | 8,025,000 | 10,759,000 |
| Equity capital | 7,133,000 | 7,035,000 | 7,239,000 | 7,319,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 809,000 | 1,614,000 | 2,429,000 | 3,144,000 |
| Interest expense | 328,000 | 632,000 | 917,000 | 1,184,000 |
| Net interest income | 481,000 | 982,000 | 1,512,000 | 1,960,000 |
| Noninterest income | 63,000 | 129,000 | 191,000 | 268,000 |
| Noninterest expense | 404,000 | 780,000 | 1,195,000 | 1,724,000 |
| Provision for loan losses | 23,000 | 45,000 | 67,000 | 90,000 |
| Pretax income | 117,000 | 286,000 | 441,000 | 412,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 117,000 | 286,000 | 441,000 | 412,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,804,000 | 6,959,000 | 7,113,000 | 7,024,000 |
| Total capital | 7,177,000 | 7,338,000 | 7,516,000 | 7,452,000 |
| Risk-weighted assets | 34,503,000 | 35,945,000 | 37,751,000 | 37,331,000 |